YILIDA(SZ:002686)2020-04-21 16:00Revenue and Profit - The company's revenue for Q1 2020 was ¥181,193,861.86, a decrease of 40.56% compared to ¥304,827,659.02 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥8,911,926.88, an improvement of 30.44% from a loss of ¥12,812,285.18 in the previous year[8] - Revenue for Q1 2020 was ¥181.19 million, a decrease of 40.56% compared to ¥304.83 million in Q1 2019, primarily due to the impact of the pandemic[19] - The net loss for Q1 2020 was CNY 12,420,764.21, compared to a net loss of CNY 18,509,667.95 in the same period last year, indicating an improvement[43] - The total comprehensive income attributable to the parent company was CNY -8,179,870.32, compared to CNY -13,428,151.82 in the previous period[47] Cash Flow - The net cash flow from operating activities improved by 54.88%, reaching -¥13,104,447.18 compared to -¥29,041,218.55 in the same period last year[8] - Cash flow from operating activities improved by 54.88%, with a net outflow of ¥13.10 million in Q1 2020 compared to ¥29.04 million in Q1 2019, due to reduced cash payments for purchases[20] - The cash flow from operating activities showed a net outflow of CNY 13,104,447.18, an improvement from a net outflow of CNY 29,041,218.55 in the previous period[51] - Cash inflow from financing activities increased significantly to ¥106,325,848.29 from ¥1,385,370.06, marking a growth of approximately 7,668.5%[55] - The net cash flow from financing activities was ¥18,020,419.41, a turnaround from -¥117,292,596.94 in the previous period[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,958,227,223.60, down 4.01% from ¥3,081,831,352.29 at the end of the previous year[8] - Current liabilities slightly increased to ¥1.55 billion as of March 31, 2020, compared to ¥1.55 billion as of December 31, 2019[35] - Non-current liabilities decreased to ¥215.86 million as of March 31, 2020, from ¥250.72 million as of December 31, 2019[35] - Total liabilities as of March 31, 2020, were CNY 873,502,725.61, compared to CNY 865,920,996.28 at the end of 2019[39] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,583[12] - The top shareholder, Zhejiang Zheshang Asset Management Co., Ltd., held 18.24% of the shares, totaling 79,461,412 shares[12] Operating Costs and Expenses - Operating costs decreased by 42.46% to ¥135.88 million in Q1 2020 from ¥236.14 million in Q1 2019, attributed to reduced production time[19] - Sales expenses dropped by 51.20% to ¥13.95 million in Q1 2020 from ¥28.58 million in Q1 2019, mainly due to lower transportation and business expenses[19] - Total operating costs for Q1 2020 were CNY 205,460,523.76, down from CNY 332,877,052.27 in the previous period[42] Research and Development - Research and development expenses for Q1 2020 were CNY 13,360,153.60, down from CNY 16,889,313.96 in the previous period[42] - Research and development expenses amounted to CNY 2,074,715.11, down from CNY 3,617,507.15 in the previous year[46] Other Income and Expenses - The company reported non-operating income of ¥2,412,502.21, primarily from government subsidies and asset disposals[9] - Other income increased by 183.50% to ¥2.17 million in Q1 2020, driven by increased government subsidies received[19] - The company incurred a credit impairment loss of CNY 1,436,146.60, compared to CNY 1,748,640.01 in the previous period[47] Audit and Standards - The company did not undergo an audit for the first quarter report[57] - The company has not applied new revenue and leasing standards for the current reporting period[56]